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Portfolio Companies7
Company Name
|
Industry
|
Investment Type
|
Reference Rate & Spread
|
Par Amount (thousands)
|
Amortized Cost (thousands)
|
Fair Value (thousands)
|
% of Total Portfolio
|
---|---|---|---|---|---|---|---|
AI Circle Bidco Limited (myPOS) | Industrial Support Services | 1st Lien Senior Secured Debt | E + 6.75% | €50,994 | 45,893 | 46,018 | 0.49% |
Acuris Finance US, Inc (ION Analytics) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 4.00% | $13,500 | 13,412 | 13,420 | 0.14% |
Allied Universal Holdco LLC (Allied Universal) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 3.75% | $3,001 | 2,994 | 2,993 | 0.03% |
Atlas Intermediate III, L.L.C. (Actylis) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 7.50% | $13,445 | (317) | (183) | 0.00% |
Atlas Intermediate III, L.L.C. (Actylis) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 8.25% (incl 4.00% PIK) | $113,237 | 110,591 | 111,697 | 1.18% |
Becklar, LLC | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 6.85% | $6,711 | 6,623 | 6,677 | 0.07% |
CD&R MADISON UK BIDCO LTD (OCS) | Industrial Support Services | 1st Lien Senior Secured Debt | E + 7.75% (incl 2.00% PIK) | €22,491 | 23,045 | 23,858 | 0.25% |
Captive Resources Midco LLC (Captive Resources Midco, LLC) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.25% | $7,558 | (109) | - | 0.00% |
Captive Resources Midco LLC (Captive Resources Midco, LLC) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.75% (incl 3.13% PIK) | $94,115 | 92,723 | 95,056 | 1.00% |
Coretrust Purchasing Group LLC | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 6.75% | $95,375 | 70,642 | 73,892 | 0.78% |
Eagle 2021 Lower Merger Sub, LLC (Argos Health Holdings, Inc.) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.75% | $817 | 806 | 790 | 0.01% |
Employbridge, LLC (Employbridge LLC) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 4.75% | $9,807 | 9,767 | 8,492 | 0.09% |
Galaxy US Opco Inc. (Vialto Partners) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 4.75% | $25,971 | 25,471 | 22,855 | 0.24% |
Galaxy US Opco Inc. (Vialto Partners) | Industrial Support Services | 2nd Lien Senior Secured Debt | SF + 8.25% | $9,000 | 8,817 | 7,801 | 0.08% |
Guidehouse Inc. | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.75% (incl 2.00% PIK) | $187,078 | 184,591 | 184,810 | 1.95% |
IG Investments Holdings, LLC (Insight Global) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 6.00% | $25,842 | 23,965 | 24,196 | 0.26% |
NBG Acquisition Corp. (Nexus Brands Group) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.25% | $24,212 | 23,351 | 23,064 | 0.24% |
Planet US Buyer LLC (Wood Mackenzie, Inc.) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 3.50% | $7,500 | 7,481 | 7,505 | 0.08% |
Royal Buyer, LLC (Kings III of America, LLC) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 6.00% | $154,931 | 118,765 | 119,098 | 1.26% |
Southern Graphics Holdings LLC (Southern Graphics Inc.) | Industrial Support Services | Equity and other investments | $0 | 2,333 | 2,333 | 0.02% | |
Southern Graphics Inc. | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 7.50% | $5,682 | 5,533 | 5,682 | 0.06% |
Southern Graphics Inc. | Industrial Support Services | 2nd Lien Senior Secured Debt | SF + 7.50% | $1,932 | 1,881 | 1,932 | 0.02% |
Spirit RR Holdings, Inc. (Reorg Research) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.25% | $52,667 | 45,235 | 45,641 | 0.48% |
TruckPro, LLC | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 7.25% | $70,533 | 68,645 | 69,570 | 0.73% |
Vaco Holdings LLC | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.00% | $12,495 | 12,453 | 12,372 | 0.13% |
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Footnotes
- Computed as (a) the annual stated interest rate or yield plus the annual accretion of discounts and less any annual amortization of premiums, as applicable, on accruing (i) debt and (ii) other income producing securities, divided by (b) total accruing (i) debt and (ii) other income producing securities (at fair value or amortized cost, as applicable). Actual yields earned over the life of each investment could differ materially from the yields presented above.
- Private Investments represents level 3 investments in the investment portfolio where inputs to the valuation methodology are unobservable and significant to overall fair value measurement. Measured as total fair value of investments.
- Measured as the fair value of investments for each category relative to the total fair value of investments. Totals may not sum due to rounding.
- Measured as the fair value of debt investments.
- Calculated with respect to all private investments, including investments for which fair value is determined by HPS (in its capacity as the investment manager of HLEND) (with assistance, at least quarterly, from a third-party valuation firm, and overseen by HLEND’s Board of Trustees) and, in the case of weighted average EBITDA only, excludes investments where net debt to EBITDA may not be the appropriate measure of credit risk. Figures are derived from the financial statements most recently obtained by the Adviser. Weighted average EBITDA is weighted based on the fair value of our total applicable private debt investments.
- Other includes structured finance investments and investments in joint ventures.
- All figures are as of February 29, 2024 unless otherwise indicated. % of total portfolio shown above is measured as total fair value of investments.